The term FOREX market is the amalgamation of two different words which are:
"For" meaning foreign and "Ex" meaning exchange.
The FOREX, which is the foreign exchange market and otherwise known as currency market, is a global or universal decentralized market for the trading of different currencies.
This decentralized currency market determines the foreign exchange rate of every currency attached to each country. This simply means that the rise and fall inflation and deflation) of any currency is determined by the Foreign exchange market.
"For" meaning foreign and "Ex" meaning exchange.
The FOREX, which is the foreign exchange market and otherwise known as currency market, is a global or universal decentralized market for the trading of different currencies.
This decentralized currency market determines the foreign exchange rate of every currency attached to each country. This simply means that the rise and fall inflation and deflation) of any currency is determined by the Foreign exchange market.
تبصرہ
Расширенный режим Обычный режим